Fairmount, Colorado Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Fairmount, Colorado rental market.

Fairmount, Colorado

Average Apartment Rent

$2,226

Y-o-Y Change in Average
Apartment Rent

-1.5%

As of May 2026

Compared to a year ago, Fairmount, Colorado apartments have recorded a -1.5% rent decrease.

Fairmount, Colorado Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Fairmount $2,215 $2,243 $2,204 $2,236 $2,199 $2,195 $2,266 $2,209 $2,189
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Fairmount
National
Jul 2023
$2,215
$1,741
Nov 2023
$2,243
$1,732
Mar 2024
$2,204
$1,736
Jul 2024
$2,236
$1,756
Nov 2024
$2,199
$1,749
Mar 2025
$2,195
$1,755
Jul 2025
$2,266
$1,767
Nov 2025
$2,209
$1,753
Mar 2026
$2,189
$1,750

Fairmount, Colorado Average Apartment Rent

Fairmount, Colorado Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 30.44%, apartments priced $2,000 - $2,500 represent the bulk of Fairmount, Colorado rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.34%.

Fairmount, Colorado Housing tenure**

Renter occupied housing units 313
Owner occupied housing units 3,405

Renters take up 8% of Fairmount, Colorado real estate, occupying a total of 313 units, while homeowners live in 3,405 properties.

Median number of rooms of renter-occupied housing units**

5.2

Renter median household income**

$104,023

Average household size of renter-occupied housing units**

3.12

Fairmount, Colorado Renter-occupied housing units by no. of bedrooms**

No bedrooms 9
2 beds 118
3 beds 101
4 beds 32
5 or more beds 53

There are 118 rentals in Fairmount, Colorado with 2 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 9 units. Overall, the median number of rooms in Fairmount, Colorado homes for rent is 5.2.

Fairmount, Colorado Renter-occupied units by age of householder**

15 - 24 years 30
25 - 34 years 79
35 - 44 years 29
45 - 54 years 95
55 - 59 years 6
60 - 64 years 29
65 - 74 years 26
85 years and over 19

Most condos for rent in Fairmount, Colorado are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 25 - 34 years age group (25%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

Fairmount, Colorado Renter-occupied housing units by family type**

Family households 167
Non-Family Households 146

Fairmount, Colorado Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 129
No related children of the householder under 18 184

A total of 167 apartments for rent in Fairmount, Colorado, or 53% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 129 units. All in all, the median size of a renter-occupied household in Fairmount, Colorado is 3.12.

Fairmount, Colorado Renter-occupied housing units by educational attainment**

Less than high school graduate 23
High school graduate (including equivalency) 24
Some college or associate's degree 107
Bachelor's degree or higher 159

In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Fairmount, Colorado.

Fairmount, Colorado Renter-occupied units by year structure built**

Built 2010 - 2019 48
Built 2000 - 2009 15
Built 1990 - 1999 32
Built 1980 - 1989 23
Built 1970 - 1979 79
Built 1960 - 1969 18
Built 1950 - 1959 30
Built 1940 - 1949 15
Built 1939 or earlier 53

The highest share of Fairmount, Colorado apartment rentals, namely 25% or 79 units, were Built 1970 - 1979, followed by those Built 1939 or earlier (17%, 53 units), and the ones Built 2010 - 2019 (15%, 48 units).

Fairmount, Colorado Renter-occupied units by year householder moved in**

Moved in 2021 or later 57
Moved in 2018 to 2020 93
Moved in 2010 to 2017 119
Moved in 2000 to 2009 36
Moved in 1989 or earlier 8

Median year renter moved into unit 2018

Most Fairmount, Colorado renters (38%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Fairmount, Colorado condos for rent is 2018.

Fairmount, Colorado Renter-occupied housing units by vehicles available**

No vehicle available 23
1 vehicle available 39
2 vehicles available 98
3 vehicles available 55
4 vehicles available 18
5 or more vehicles available 80

When it comes to transportation options, 31% of Fairmount, Colorado renters have 2 vehicles available per household, 26% of them have 5 or more vehicles available, and 18% have 3 vehicles available.

Fairmount, Colorado Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 318
Car, truck, or van - carpooled 45
Walked 86
Taxicab, motorcycle, bicycle, or other means 29
Worked at home 58

Fairmount, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 660
Moved within same county 271
Moved from different county within same state 31
Moved from different state 13

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fairmount, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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